Standard Life Aberdeen (LON:SLA) Rating Reiterated by UBS Group

Standard Life Aberdeen (LON:SLA)‘s stock had its “buy” rating reissued by equities researchers at UBS Group in a research note issued on Tuesday, ThisIsMoney.Co.Uk reports. They presently have a GBX 330 ($4.31) price objective on the stock, down from their prior price objective of GBX 355 ($4.64). UBS Group’s price target points to a potential upside of 36.53% from the company’s current price.

Other equities analysts have also recently issued reports about the stock. JPMorgan Chase & Co. boosted their price objective on shares of Standard Life Aberdeen from GBX 350 ($4.57) to GBX 360 ($4.70) and gave the company an “overweight” rating in a research note on Monday, July 8th. Numis Securities reissued a “buy” rating on shares of Standard Life Aberdeen in a research note on Tuesday, May 14th. Deutsche Bank dropped their price objective on shares of Standard Life Aberdeen from GBX 310 ($4.05) to GBX 265 ($3.46) and set a “hold” rating on the stock in a research note on Tuesday. Royal Bank of Canada reissued an “underperform” rating and issued a GBX 215 ($2.81) price objective on shares of Standard Life Aberdeen in a research note on Wednesday, June 26th. Finally, Barclays boosted their price objective on shares of Standard Life Aberdeen from GBX 295 ($3.85) to GBX 300 ($3.92) and gave the company an “equal weight” rating in a research note on Monday, July 8th. One investment analyst has rated the stock with a sell rating, four have given a hold rating and six have assigned a buy rating to the company’s stock. Standard Life Aberdeen has a consensus rating of “Hold” and an average price target of GBX 307.90 ($4.02).

Shares of SLA opened at GBX 241.70 ($3.16) on Tuesday. The company has a quick ratio of 1.01, a current ratio of 1.58 and a debt-to-equity ratio of 17.20. The firm has a market cap of $6.05 billion and a PE ratio of 8.31. The firm has a fifty day moving average price of GBX 292.16. Standard Life Aberdeen has a 1 year low of GBX 219.10 ($2.86) and a 1 year high of GBX 385.60 ($5.04).

In other Standard Life Aberdeen news, insider Keith Skeoch sold 44,225 shares of the business’s stock in a transaction on Thursday, May 23rd. The shares were sold at an average price of GBX 264 ($3.45), for a total transaction of £116,754 ($152,559.78). Also, insider Rod Paris sold 7,411 shares of the business’s stock in a transaction on Monday, May 20th. The stock was sold at an average price of GBX 259 ($3.38), for a total transaction of £19,194.49 ($25,081.00). Insiders have acquired a total of 7,692 shares of company stock worth $2,003,364 over the last 90 days.

About Standard Life Aberdeen

Standard Life Aberdeen plc provides asset management services in the United Kingdom, Europe, North America, and Asia. The company offers investment solutions and funds; long-term savings and investment products to individual and corporate customers; and life insurance and savings products. It provides its products through institutional, wholesale, and retail distribution channels.

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Analyst Recommendations for Standard Life Aberdeen (LON:SLA)

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